Abraxas Capital’s $400M Ethereum Purchase Sparks Market Rally for ETH

Abraxas Capital’s $400M Ethereum Purchase Sparks Market Rally for ETH

Abraxas Capital's $400M Ethereum buy signals institutional confidence in ETH. Ethereum's 3.5% price surge follows Abraxas Capital's $400M ETH purchase. Abraxas Capital's $400M investment boosts Ethereum’s market position and liquidity. Abraxas Capital has made a good representation in the cryptocurrency world, having purchased 185,309 ETH at a cost to the market of around $400 million between May 8 and May 11, 2025. Reportedly, institutional inv…

Abraxas Capital Withdraws 138,511 ETH from Exchanges - Blockchain & Cryptocurrencies Tabloid

Abraxas Capital withdraws 138,511 ETH, impacting Ethereum's market dynamics significantly. The post Abraxas Capital Withdraws 138,511 ETH from Exchanges appeared first on Blockchain & Cryptocurrencies Tabloid.

Abraxas Capital has withdrawn 138,511 ETH worth $297 million from exchanges in the last two days and is implementing a massive Ethereum accumulation strategy. The presence of institutional investors in the cryptocurrency market continues to increase… Institutional Giant Ethereum Price Rises, $297 Million in 2 Days...

138K Ethereum (ETH) Withdrawn: Abraxas Capital Signals Major Institutional Confidence

In a very bold move of confidence in Ethereum, Abraxas Capital Management has pulled out a whopping 138,511 ETH (approx $297 million) from different centralized exchanges in the last two days. In on-chain data, the aggressive accumulation was discovered and stressed in a series of tweets by blockchain analytics platform Lookonchain. Massive $ETH accumulation!Abraxas Capital has withdrawn 138,511 $ETH($297M) from exchanges in the past 2 days.htt…

Ethereum Sees Record Exchange Outflows Amid Price Surge

A recent wave of exchange outflows has hit Ethereum ($ETH), and this trend has now been seen for three weeks in a row. Data from DeFi analytics firm SentoraHQ shows that over the past 24 hours, exchange outflows of Ethereum have reached a staggering $559 million. This increase in outflows fits right in with Ethereum’s price rally that it’s on as we speak, with its price hitting above $2,300 recently—meaning the asset is now up over 20% just from…